Bakes John E Schlp Fd Tw

PITTSBURGH, PA EIN: 35-6406002

Bakes John E Schlp Fd Tw is a private foundation, based in PITTSBURGH, PA. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $186K in total assets. In 2024, it awarded 8 grants totaling $8K. Net investment income was $3K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$186K

-3.5% YoY

Annual Giving

$8K

-1.9% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$981

-1.9% YoY

Under IRS private-foundation payout rules, Bakes John E Schlp Fd Tw reported a distributable amount of $10K for 2024 — the minimum it must pay out in qualifying distributions.

About Bakes John E Schlp Fd Tw

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Pennsylvania $40K (100%)

States

Indiana Kentucky Ohio Pennsylvania

Cities

CincinnatiEvansvilleFranklinIndianapolisLexingtonMadisonPittsburghTerre Haute

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$185,915	$192,568	$208,939
Revenue	$5,237	$-4,839	$258
Expenses	$11,947	$11,654	$13,557
Qualifying Distributions	$9,446	$9,808	$10,880
Net Investment Income	$2,745	$2,754	$2,516
Distributable Amount	$9,740	$8,901	$9,980

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2024

Grant Size Distribution

41 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Josie Bell ($981), Madalyn Levell ($981), Breanna Reed ($981).

Recipient	Purpose	Amount
JOSIE BELL PITTSBURGH, PA	SCHOLARSHIP	$981
MADALYN LEVELL PITTSBURGH, PA	SCHOLARSHIP	$981
BREANNA REED PITTSBURGH, PA	SCHOLARSHIP	$981
PEYTON MERICA PITTSBURGH, PA	SCHOLARSHIP	$981
MADDELYNN DUVALL PITTSBURGH, PA	SCHOLARSHIP	$981
MAKENZIE MCDANIEL PITTSBURGH, PA	SCHOLARSHIP	$981
BROOKYLN FLANDERS PITTSBURGH, PA	SCHOLARSHIP	$981
JESSICA DUVALL PITTSBURGH, PA	SCHOLARSHIP	$981

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
PNC BANK NA	TRUSTEE	1	$3,994

Frequently Asked Questions

How large is Bakes John E Schlp Fd Tw?

As of 2024, Bakes John E Schlp Fd Tw holds $186K in total assets with $5K in annual revenue. It awarded 8 grants totaling $8K in 2024.

Where does Bakes John E Schlp Fd Tw operate?

Bakes John E Schlp Fd Tw has awarded grants in Indiana, Kentucky, Ohio, Pennsylvania.

What size grants does Bakes John E Schlp Fd Tw award?

In 2024, Bakes John E Schlp Fd Tw awarded 8 grants totaling $8K — an average of about $981 per grant, based on its IRS Form 990 filings.

How much is Bakes John E Schlp Fd Tw required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Bakes John E Schlp Fd Tw reported a distributable amount of $10K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.